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Jun 30, 2023
PNM Resources Q2 2023 Earnings Report
PNM Resources reported second quarter 2023 results, affirming 2023 ongoing earnings guidance.
Key Takeaways
PNM Resources reported GAAP earnings of $0.53 per diluted share and ongoing earnings of $0.55 per diluted share for the second quarter of 2023. The company affirmed its ongoing earnings guidance range of $2.65 - $2.75 for 2023.
Second quarter GAAP earnings were $0.53 per diluted share.
Second quarter ongoing earnings were $0.55 per diluted share.
Ongoing earnings guidance range of $2.65 - $2.75 for 2023 was affirmed.
New system peaks at both TNMP and PNM demonstrate the need to invest in infrastructure.
PNM Resources
PNM Resources
Forward Guidance
Affirmed ongoing earnings guidance range of $2.65 - $2.75 for 2023